Working lone parents on reasonable pay cannot reach a minimum acceptable living standard – as defined by the public - even if they work full time, new research for Child Poverty Action Group (CPAG) shows.
The latest report in our annual Cost of a Child series finds that the overall cost of a child up to age 18 (including rent and childcare) is £185,000 for lone parents (up 19% since 2012) and £151,000 for couples (up 5.5% since 2012). The gap between lone parents’ actual income and what they need to meet family needs has grown sharply.
The new school year is underway after the long summer break. This can be an expensive time for families. Most parents will have faced significant costs in recent weeks, from holiday childcare to new school uniforms. But to what extent are different families able to meet those costs? Every year for the past eight years, we have published research on what it costs to raise children from birth to age 18. This year the research coincides with the Spending Review, and puts a spotlight on how the government does support, and how it should support, families with the extra costs of children.